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I had an incredible time introducing the Crypto-Currency Act of 2020 yesterday to Congress.
This Bill will fundamentally restructure the way that the United States treats cryptocurrency buy recognizing three distinct types of crypto. pic.twitter.com/eqZx8xmcUE
— Marshall Hayner (@MarshallHayner) March 10, 2020
The bill has "zero chance" of passing
Yesterday Rep. Paul Gosar introduced a crypto-focused bill that's been getting some attention. Here's a short thread with my thoughts on it. TLDR: It's not a serious bill and has almost zero chance of moving, but should be opposed on principle.
— Jerry Brito (@jerrybrito) March 10, 2020
Beware of the “Crypto-Currency Act of 2020” or any kind of legislation which may force businesses to spy on, deanonymize, or micro-monitor customers.
This is an attack on financial privacy, which we will desperately need in the future to safeguard democratic rights and freedoms. pic.twitter.com/B9lDM8lxE4
— Alex Gladstein (@gladstein) March 10, 2020